8.15, Black Swan Market Analysis
$BTC Yesterday's pullback and consolidation is a corrective trend, with the 4-hour, daily, and weekly structures remaining healthy, and the upward trend intact.
The golden cross on the axis has formed again, signaling the start of a new upward cycle.
Support: 117000–118000
Resistance: 120000–121000
Short-term pullbacks do not change the bullish pattern, and we remain bullish for the day.
$ETH has initiated an independent market, with mild pullback consolidation, healthy 4-hour structure, daily golden cross formed, and weekly trend upward.
Support: 4450–4550
Resistance: 4700–4800
Short-term fluctuations may occur, but the upward expectation remains unchanged.
Altcoin Sector
Following the mainstream, the altcoin index has slightly declined, and the market sentiment is average.
Pay attention to the change in BTC market share and fiat currency buying signals as a reference for altcoin activation.
